China Influences Cryptos, Like It or Not!

[mangsitin]

China is a strong country that currently has the largest Bitcoin mining company in the world, and I am worried that if mining companies in China unite according to Bitcoin experts if Bitcoin mining companies in China unite can destroy Bitcoin, I read in an article, some I do not like this. Because if China moves there will be a price change for bitcoin.

[bitcoincitr]

Since China has a stronge influence on cryptomarket and enough power to effect trends in market, this  influence on exchange trade make investors be a little worrying. Also, it has majority of bitcoin mining companies and we'll see what will happen, if it will increase its power on cryptomarket. I would not prefer any country has a such power on cryptomarket.

[pixie85]

Every country can potentially influence Bitcoin. Venezuela is, India is, even smaller countries would if they suddenly announced acceptance. Malta isn't a big country and it influences Bitcoin. Saying that China influences it is nothing but stating the obvious.

[Dexion]

Today, China has shifted America as the country with the largest economy in the world, including in the crypto world.

in China many bitcoin miners, speculators, also a lot of demand and supply, and now China has created a conducive crypto ecosystem, so it is clear that China influences the crypto market.

and I like it!

[Payme21]

China will always influence the crypto world partly because of the massive population they have got but surely not restricted to that and a lot of people in china seems to be interested in crypto currencies which means there is hope for recovery

[gesdan]

we all know that China is the big country that uses bitcoin, and I think China is influences in the bitcoin and cryptocurrencies, but many people don't like it because China can 'control' the bitcoin value, but I think it is wrong because bitcoin with this value right now is hard to manipulated

[IndigoRed]

Of course China has as influence in the crypto world. They want to be the frontrunner of technology. They want to be the leader in AI --so I’m not surprised if they want to dominate blockchain and crypto too. For sure they can even design their own crypto that they'd want to serve as a global currency. What do you think?

[flying_bit]

China Influences Cryptos, Like It or Not!

Researchers from Princeton University and Florida International University are showing a new picture of Bitcoin’s misty world. Ben Kaiser, Mireya Jurado, and Alex Ledger teamed up to analyze the Chinese influence on cryptocurrency’s poster child — Bitcoin. The Asian socialist regime, which extensively monitors its Internet and has remained relatively negative on the scope of […]China Influences Cryptos, Like It or Not! …

Read more: https://www.trackcoinmarket.com/en/crypto-news/33175/china-influences-cryptos-not

I'm a little confuse with the article as it proves very little to nothing but YES, I do agree that China have influence in Cryptos because China have numerous Bitcoin mining farm which make them one of leading Bitcoin Miner in the world.

***source
Forbes.ge
cointelegraph.com

[Burogh]

China Influences Cryptos, Like It or Not!

Researchers from Princeton University and Florida International University are showing a new picture of Bitcoin’s misty world. Ben Kaiser, Mireya Jurado, and Alex Ledger teamed up to analyze the Chinese influence on cryptocurrency’s poster child — Bitcoin. The Asian socialist regime, which extensively monitors its Internet and has remained relatively negative on the scope of […]China Influences Cryptos, Like It or Not! …

Read more: https://www.trackcoinmarket.com/en/crypto-news/33175/china-influences-cryptos-not

I am agree that china will influence in cryptocurrency world. RIght now many project came from china and exchanger from china have big daily transaction volume. China already become big country in economy after America and i am believe china will dominate in cryptocurrency world too in near future

[Shreek]

I have always supported the decisions that China has made, even against the flow, but China has always shown that they always provide security to the entire population. I realized this when last year China banned ICO, mainly based on cryptocurrency